Collections Manager, Agri Job Description Template
The Collections Manager, Agri is a pivotal role within our Finance team, focusing on the agricultural market. This position involves managing the collections process, maintaining strong client relationships, and ensuring all financial policies and procedures are adhered to, particularly those relevant to the agricultural industry.
Responsibilities
- Oversee the collections process for the agricultural sector
- Manage and reconcile accounts receivable
- Develop and implement collection strategies to minimize overdue accounts
- Build and maintain strong relationships with clients
- Coordinate with other departments to resolve billing issues
- Ensure compliance with legal and regulatory guidelines
- Prepare regular reports on collection activities and status
- Review and update collection policies and procedures
Qualifications
- Bachelor’s degree in Finance, Accounting, Business Administration, or related field
- Minimum 5 years of experience in collections management, preferably in the agricultural sector
- Strong understanding of financial and accounting principles
- Excellent communication and negotiation skills
- Proficiency in financial software and tools
- Attention to detail and strong analytical skills
- Ability to work independently and manage a team
Skills
- Financial Analysis
- Customer Relationship Management (CRM)
- Accounts Receivable Management
- Negotiation
- Legal Compliance
- Excel
- Accounting Software
- Data Analysis
Frequently Asked Questions
A Collections Manager, Agri is responsible for overseeing the collection process for agricultural loans and debts. They ensure timely payments, manage delinquent accounts, and develop strategies for minimizing credit risk. This role involves coordinating with stakeholders and implementing agricultural credit policies effectively.
To become a Collections Manager in the agricultural sector, one typically needs a bachelor's degree in finance, agriculture, or business administration. Experience in agricultural finance or credit management is crucial. Acquiring skills in negotiation, risk analysis, and a comprehensive understanding of agricultural markets will enhance career prospects.
The average salary for a Collections Manager, Agri varies based on location, experience, and the size of the organization. Typically, it ranges from moderate to high-level compensation, with potential bonuses based on performance metrics tied to debt recovery and collections efficiency in the agricultural sector.
A Collections Manager in agriculture generally requires a bachelor's degree in areas such as finance, accounting, or agricultural economics. Certifications in credit management can be advantageous. Strong analytical skills, familiarity with agricultural practices, and excellent communication abilities are important qualifications for this role.
A successful Collections Manager, Agri must have strong negotiation and problem-solving skills. Responsibilities include managing collections teams, developing policies for debt recovery, and analyzing financial data to reduce credit risk. An understanding of agricultural supply chains and market trends is also essential for effective decision-making.